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Showing 21 - 30 of 842 results for "Senate"

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... regulator with lots of power", it lacks direction. "[ASIC's] become too big and too confused about its focus," he said. One Senate Inquiry has recommended splitting up ASIC - which Conaghan endorses. One body can focus on financial crime and law ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... Legislation Amendment (Tackling the Gender Super Gap) Bill 2025 sparked a wave of backlash during its second reading in the Senate this week. The bill, which seeks to allow spouses to split superannuation annually during the accumulation phase, suffered ...

Payday Super laws passed

ELIZA BAVIN  |  TUESDAY, 4 NOV 2025
The Payday Super laws have successfully passed through the Senate today with the reforms being welcomed by the superannuation industry. The new laws are slated to come into effect on 1 July 2026. Association of Super Funds of Australia (ASFA) welcomed ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... bankrupting people that had nothing to do with the behaviour that led to that." Abood also wants to see the government reopen the Senate inquiry into wealth management, which was launched to investigate the collapse of Dixon Advisory and was ditched ...

Government reviewing $3m super tax

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
The deputy secretary of the revenue division with Treasury Diane Brown has told a Senate estimates hearing that the government is considering potential changes to Treasurer Jim Chalmers' controversial $3 million superannuation tax legislation. Brown ...

ASIC helping with law reform over Shield, First Guardian

ELIZA BAVIN  |  FRIDAY, 10 OCT 2025
ASIC chair Joe Longo has told a Senate estimates hearing that the corporate regulator is working closely with Treasury and the government on law reform in the wake of the Shield Master Fund and First Guardian Master Fund collapses. Longo said high risk ...

Australian women most likely to retire early

ELIZA BAVIN  |  TUESDAY, 7 OCT 2025
... of Australian government policies which should help address the issue. In 2025, the Australian government responded to a Senate inquiry on menopause by supporting 16 of 25 recommendations, including the implementation of Medicare rebates for menopause ...

MUFG 'sincerely apologises' to Cbus over claim delays

ELIZA BAVIN  |  WEDNESDAY, 1 OCT 2025
... company. In December 2024, MUFG Pension and Market Services chief executive and managing director Vivek Bhatia fronted the Senate Economics Committee where he said the blame lies with the industry as a whole. "The insurance claims process is a complex ...

Coalition's super for housing policy 'unlikely to continue': Bragg

ELIZA BAVIN  |  WEDNESDAY, 10 SEP 2025
... was a staunch advocate for allowing Australians to use their retirement savings to purchase a home. In May last year the Senate Economics Committee - of which Bragg was chair - handed down its interim report into existing and proposed super for housing ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
... platforms, advice licensees, advisers and auditors," she said. "We call on government to reinstate the recently discontinued Senate Inquiry Into Wealth Management Companies and broaden its scope to include the collapses of Shield and First Guardian. ...